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Component Parts: What's Included with the House or Building?

Buyers are often impressed by a property's features such as solar panels or a large porch.  The house or building may also have beautiful light fixtures, commercial appliances or an outdoor kitchen with a grill.  Which items the Seller is intending to sell and which items the Buyer is intending to purchase with the property is often a source of dispute and has led to litigation post-closing between Buyers and Sellers.  Component parts of a house or building are transferred with the property.  But what are the component parts of a house or building? 

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Listen Here: Changes to Residential Agreement to Buy/Sell

The process for making changes and updates to the Residential Agreement to Buy/Sell is a joint effort between Louisiana REALTORS and the Louisiana Real Estate Commission. As 2019 approaches, real estate licensees and practitioners will see some changes and updates to the form that resulted from over 200 comments and ideas sent to the workgroup for deliberation.

Make a Difference in Your Neighborhood!

Louisiana REALTORS in partnership with CPEX and Local Associations have sponsored a workshop focusing on how to make a difference in your neighborhood! A hands on session titled “Tools for Neighborhood Transformation” has been approved for 2 hours of CE credit and will feature national experts to increase the quality of life and place.

Run in Spirit: With a Donation to the REALTOR Relief Fund

Louisiana REALTORS has assembled the Louisiana Lagniappe team led by President Pam Testroet. The group will participate in the first ever 5K event and is seeking donations that will benefit the Disaster Relief Fund. Many of us in Louisiana have benefited from the contributions of our fellow REALTORS following disasters and our friends in Florida and Carolinas could use the favor returned.

PAR Guide to Constitutional Amendments

Voters statewide will be asked to decide yes or no on six proposed amendments to the Louisiana Constitution on the Nov. 6, 2018, ballot. These amendments address a number of serious issues. The PAR Guide to Consitutional Amendments does not tell you how to vote but rather offers voters an analysis of the issues in order to make informed decisions.

Understanding License Fees & Association Dues

It’s that time of year again - license renewals and membership dues billing! The majority of real estate practitioners do not know the difference between the two and easily confuse payment of one for the other. Louisiana REALTORS® has put together a resource that can explain the difference between the two and elliminate some of the confusion and explain some of the frequently asked questions about the process.

Louisiana REALTORS® Leadership Graduates

Louisiana REALTORS® graduated 20 REALTORS® practicing in markets around the state from the LRLeadership program, an initiative dedicated to broadening and enhancing the REALTOR® volunteer within our communities and within association leadership.

2019 Officer Installation

Louisiana Realtors held its 2019 Installation on the downtown riverbank in Natchitoches on Sept. 20.

RECAP: Career Development Week

Louisiana REALTORS held the second week long event focused on the opportunity for REALTORS to earn nationally recognized designations and certifications. Attendees of the event learned from some of the best national instructors and walked away better prepared to represent clients and with the strategies needed to apply to their business.

NOTICE: Proposed Constitution and Bylaws Amendments

This serves as notice of proposed amendments to the Constitution and Bylaws and Policies and Procedures of the Louisiana REALTORS® as required by Article 4 of the Constitution and Bylaws of the Louisiana REALTORS®. The proposed amendments will be discussed in Region Caucuses and Town Hall session during the Fall Governance Meeting and voted by the Board of Directors on Friday, September 21.

News Corp Agrees to Acquire Opcity

News Corp today announced that its subsidiary Move, Inc., operator of realtor.com®, has entered into an agreement to acquire Opcity, the market-leading real estate technology platform that matches qualified home buyers and sellers with real estate professionals in real time.

IRS Guidance on 20% Business Income Deduction

The Internal Revenue Service issued proposed regulations for a new provision allowing many owners of sole proprietorships, partnerships, trusts and S corporations to deduct 20 percent of their qualified business income. The new qualified business income deduction is available for tax years beginning after Dec. 31, 2017.

Congress Extends NFIP through November 30

Last week, the U.S. Senate passed legislation to extend flood insurance funding. The bill cleared the House previously and is expected to be signed into law by the President. More than 129,000 REALTORS® representing about 15% of NAR members sent letters to their members of Congress in support of the extension. 

Office Closed July 3rd & 4th

The Louisiana REALTORS office will be closed on Tuesday, July 3 and Wednesday, July 4 in observance of our country's independence and to allow staff to spend time with family.

VIDEO: Message from the CEO

The Louisiana Legislature adjourned the third 2018 Special Session late Sunday evening. Norman Morris, CEO gives a quick update on how REALTORS and homeowners won't be impacted by the budget plan and revenue-raising measures. Morris also encourages members to respond to the Call for Action on the National Flood Insurance Program. 

Tapping into Tech Support Member Benefit

In today’s world, keeping your basic technology working is vital to providing your clients great service. That’s why Louisiana REALTORS offers Tech Helpline as a standard member service, to make sure you have a basic tech support lifeline if you get stuck using your go-to technology.

Tech Helpline is there for you to make sure that your smartphone is getting email properly, that your laptop is optimized and virus-free, and if your printer doesn’t print, you have someone you can contact to help get it fixed quickly.

Call for Action: National Flood Insurance Program (NFIP)

The National Association of REALTORS (NAR) and Louisiana REALTORS is supporting a national Call For Action (CFA) beginning June 18th and targeting the United States Senate and House of Representatives to reauthorize the National Flood Insurance Program (NFIP).

If Congress fails to take action to reauthorize the NFIP, it will expire by July 31, 2018 and cause issues in the market with transactions. REALTORS are the front line advocates for homeowners and need to respond and get the message out on the Hill.

2018 Legislative Session Recap

Louisiana REALTORS® is happy to report that the real estate industry came out of the 2018 Regular Legislative Session unscathed once again.  In large part, the bills that Louisiana REALTORS® supported are awaiting action on the part of the governor and bills that Louisiana REALTORS® opposed were either heavily amended to remove our opposition or stalled in the legislative process.